5004 Waterkey Way, Tampa, FL 33647

PENDING $1,295,000
Inviting home featuring a three-car garage, lush landscaping and mature palm trees in the front yard at 5004 Waterkey Way, Tampa, FL 33647
  • Bedrooms

    5

  • Baths

    4

  • Sq. Feet

    3950

  • Year Built

    2003

  • Days On Market

    3

  • $/SqFt

    $328

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Home Description

Under contract-accepting backup offers. Welcome to this extensively remodeled jewel located at the end of a quiet cul-de-sac in the highly sought-after gated village of Lancaster in Tampa Palms. With over $280,000 in recent upgrades and offering five bedrooms, office, and bonus room, this nearly 4,000-square-foot home is a rare find indeed! No expense has been spared with high-end finishes, custom upgrades throughout the home, pool area and rear yard. From the moment you arrive, the home's impressive curb appeal draws you in with its pavered driveway, mature landscaping, and grand double-door entry. Inside, you’ll discover a space that feels open, bright, and beautifully updated. The sellers removed interior walls to create an open concept in the formal living and dining areas, allowing natural light to pour in and enhancing the home's flow. Fresh, neutral interior paint and plank porcelain tile flooring throughout the main living areas set a sophisticated and seamless tone. The kitchen is a true showpiece—fully remodeled with contemporary white cabinetry, granite countertops, double ovens, stainless steel appliances, and a modern cooktop. A large island offers plenty of prep space and casual seating, while the walk-in pantry adds generous storage. The kitchen overlooks the spacious family room overlooking the pool and conservation views. The primary retreat is a calming escape, with peaceful views of the conservation area and remodeled pool. The en-suite bath has been completely remodeled and feels like a private spa, featuring an expanded frameless glass shower, a new contemporary stand-alone soaking tub, quartz countertops, designer tile on the walls and flooring, updated lighting, and new cabinetry. Dual walk-in closets with custom built-ins provide plenty of storage.The secondary bedrooms are generously sized and thoughtfully laid out for privacy. All secondary bathrooms have also been remodeled with modern finishes, quartz counters, and stylish tile work. The dedicated office is tucked away from the main living spaces—perfect for remote work or quiet study. The large bonus room offers endless possibilities for a media room, playroom, home gym, or guest retreat. Step outside and discover your private outdoor oasis. The expansive lanai, updated with elegant marble pavers, surrounds a sparkling pool with a sun shelf and upgraded PebbleTec finish. The area is also plumbed for a future outdoor kitchen, making it ideal for entertaining. Just beyond, a large wood deck (2020) overlooks the pie-shaped backyard, fully fenced and backing to tranquil conservation—offering total privacy and a peaceful connection to nature.Additional recent upgrades include: New AC systems (2021), All new interior paint (2020), Garage storage system and epoxy flooring (2021), Whole-home water softener system (2023), EV charger and plug   HOA Fees include membership to Club Tampa Palms Community Center with 3 pools, workout center, playground, pickle ball, basketball, tennis, and meeting rooms.Located in one of New Tampa’s most desirable gated communities, with top-rated schools, easy access to I-75, and close proximity to shopping, dining, and recreation, this one-of-a-kind home is move-in ready and waiting for its next chapter.

  • MLS #: TB8367552
  • Address: 5004 Waterkey Way
  • Levels: One
  • City: Tampa
  • Zip: 33647
  • County: Hillsborough
  • Subdivision: Tampa Palms
  • Community Features: Deed Restrictions,Fitness Center,Gated Community - No Guard,Sidewalks
  • Elementary School: Chiles-HB
  • Middle School: Liberty-HB
  • High School: Freedom-HB
  • Private Pool: True
  • Pool Features: Heated,In Ground,Lighting,Pool Sweep,Screen Enclosure
  • Spa Features: Heated
  • Water Feet: 0
  • Interior Features: Ceiling Fans(s),Walk-In Closet(s)
  • Appliances: Dishwasher,Dryer,Gas Water Heater,Microwave,Range,Refrigerator,Washer,Water Softener
  • Fireplace Desc: Gas
  • Floor Covering: Carpet,Tile
  • Bonus Room Features: Wet Bar
  • Kitchen Features: Granite Counters
  • Additional Rooms: Attic
  • Architectural Style: Contemporary
  • Exterior Features: Irrigation System,Private Mailbox,Rain Gutters,Sidewalk,Sliding Doors
  • Exterior Contruction: Block,Stucco
  • Foundation: Slab
  • Front Exposure: East
  • Roof: Tile
  • Building Sqft: 5062

Approximate Room Sizes / Descriptions

Living Room15x13FirstPorcelain Tile
Dining Room19x18FirstPorcelain Tile
Family Room14x19FirstPorcelain Tile
Office11x14FirstPorcelain Tile
Bonus Room13x20FirstPorcelain Tile
Kitchen12x16FirstPorcelain Tile
Primary Bedroom14x23FirstPorcelain Tile
Bedroom 216x11FirstCarpet
Bedroom 311x16FirstCarpet
Bedroom 411x15FirstCarpet
Bedroom 518x13FirstCarpet
  • Attached Garage: True
  • Garage: True
  • Garage Spaces: 3
  • Garage Feature: Driveway,Garage Door Opener
  • Carport: False
  • Carport Spaces: 0
  • Air Conditioning: Central Air
  • Heating: Central,Natural Gas
  • Utilities: BB/HS Internet Available,Cable Connected,Electricity Connected,Natural Gas Connected,Phone Available,Public,Sewer Connected,Street Lights,Underground Utilities,Water Connected
  • Lot Sqft: 14229.00
  • Lot Dim: 93.61x152
  • Lot Acres: 0.3300
  • Total Acre: 1/4 to less than 1/2
  • Lot Num: 5
  • HOA Fees: $380 Quarterly
  • HOA Monthly Amount: $127
  • HOA/Community Assoc: Required
  • Senior Community: False
  • Style: Single Family Residence
  • Location: City Limits,Conservation Area,Cul-De-Sac,Landscaped,Near Golf Course,Oversized Lot,Paved,Private,Sidewalk
  • Maintenance Includes: Pool,Recreational Facilities
  • Building Num Floors: 1
  • Pets Allowed: Yes
  • Pet Restrictions: Buyer to verify with HOA.
  • : 813-972-3430

Neighborhood

The average asking price of a 5 bedroom Tampa home in this zip code is $786,562 (39.3% less than this home).

This home is priced at $328/sqft, which is 33.1% less than similar homes in the 33647 zip code.

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Financial

  • Approx Payment:$6,300*
  • Taxes:$12,165

Area Stats

These statistics are updated daily from the My Florida Regional MLS. For further analysis or to obtain statistics not shown below please call EasyStreet Realty at (813) 335-0328 and speak with one of our real estate consultants.

Listing Courtesy of FLORIDA EXECUTIVE REALTY.

5004 Waterkey Way, Tampa FL is a single family home of 3950 sqft and is currently priced at $1,295,000 . This single family home has 5 bedrooms. A comparable home for sale at 10126 Londonshire Ln in Tampa is listed at $699,000. In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures in Tampa, FL. Palma Vista, Grand Hampton and Basset Creek Estates are nearby neighborhoods. MLS TB8367552 has been posted on this site since 4/10/2025 (today).

2025 4/14/2025.

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